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Marina fund running a loss; staff flags need for capital reinvestment and operational decisions
Summary
Staff told council the marina fund loses money annually, that two boats were recovered from the river this year, and that the Marina Landing development remains delayed; staff said large‑scale capital work — bulkheads and piers — could require hundreds of thousands to millions within 5–10 years.
City staff reported to the Salisbury City Council that the city’s marina fund operates at a loss and that the asset shows signs of age. Staff said they recovered two boats from the river this year and that fuel operations, slip rentals and other revenues are not sufficient to cover all capital needs.
Staff noted the…
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